India — General government deficit (% of GDP)

% of GDP · Annual · 1861–2030 · 149 observations

About this series

The general government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.

The general government deficit reading for India was −7.53% of GDP in 2025. The previous reading was −8.23% of GDP in 2024; the period change was +0.69 percentage points. Relative to the selected 10-year average of −8.25% of GDP, the latest reading was above.

-15-10-505186120102030% of GDPSubscribe to view

Get the full series

  • Annual data, 1861–2030
  • All 5 sources, downloadable

Latest observations

2001–2030

PeriodValue
2030-6.5 % of GDP
2029-6.64 % of GDP
2028-6.8 % of GDP
2027-6.94 % of GDP
2026-7 % of GDP
15 earlier values
2025-7.53 % of GDP
2024-8.23 % of GDP
2023-8.76 % of GDP
2022-9.58 % of GDP
2021-9.45 % of GDP
2020-13.1 % of GDP
2019-7.21 % of GDP
2018-5.83 % of GDP
2017-5.83 % of GDP
2016-6.92 % of GDP
2015-6.92 % of GDP
2014-6.71 % of GDP
2013-6.67 % of GDP
2012-6.88 % of GDP
2011-7.84 % of GDP

Values before 2011, back to 2001, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.